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Tag Archives: Trending News

XRP Price Faces Potential Drop: Leading KOL Warns of Imminent Correction with TD Sequential Sell Signal!

In the cryptocurrency arena, where fluctuation is commonplace, market signs have a habit of alerting traders with an effective preview of probable price direction. TD Sequential indicator has proved to be particularly popular as it has been regarded for its prowess in anticipating price direction. Technical analysts utilize this indicator because it boasts a terrific track record and has more than once offered effective signals, for example, registering a sell indication on the 2-week time...

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Mt. Gox Kicks Off Repayment Process

The much-awaited Mt. Gox repayment process has begun, with the defunct exchange’s bankruptcy estate moving 47,282 bitcoins, with 140,000 pledged to satisfy creditors. That transaction signals the start of this process, and Mt. Gox’s creditors can witness the assets reaching their wallets in the following days at best. Some may receive it 60-90 days from now, although that timeline is believed to be the worst-case scenario. This repayment process was confirmed last month by Mt. Gox through a...

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It’s Not Just Degens, Institutions Love Memecoins Too

In a report released by Bybit on June 4, memecoins have become highly likeable assets for institutions on its platform, reflecting the same elsewhere. Beyond the attractive characters that retail users get behind, meme coins represent the ability to multiply wealth quickly, especially during bull runs. Institutions are all for it. According to the report, institutional interactions with memecoins through spot holdings were up by 226% in March, taking their holdings to a whopping $204 million....

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New US Bill May Target Decentralized Protocols

A new bill made its way to the Senate that could foster the grounds for unfair treatment of open-source, decentralized protocols. The Intelligence Authorization Act of Fiscal Year 2025 was passed by the Senate State Committee and was approved unanimously. Section 423 of this bill concerns crypto and decentralized protocols as it uses language to cover assets and dApps extensively, providing the impetus to sanction them if they interact with illicit wallets and funds. The bill uses the term...

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